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RE: Bitcoin is too volatile for me: Stability is coming.

in #steemit7 years ago (edited)

"a decentralized community"? "better ways to organize" the world? Didn't you hear? The blockchain is just a technology for speeding-up some banking transaction.

https://www.ft.com/content/1a962c16-6952-11e6-ae5b-a7cc5dd5a28c

It's getting even better: banks and other financial firms "have quietly patented some of the most promising blockchain technologies for themselves". Turns out "“Open-source code doesn’t necessarily restrict the ability to patent".

https://www.bloomberg.com/news/articles/2016-12-21/who-owns-blockchain-goldman-bofa-amass-patents-for-coming-wars

We're totally losing the war for the idea of the "blockchain society".